1 More Potential Explanation for Intel Corporation's Core X Supply-Demand Imbalance
I recently wrote about the apparent supply-to-demand imbalance of Intel's (NASDAQ: INTC) eight- and 10-core Core X processors for the high-end desktop market. In short, demand seems to be outstripping supply.
I pointed to a couple of factors that may be driving this supply to-demand imbalance. The first was that the Skylake-X-based Core X chips are based on the same chips Intel sells to its data-center customers in the form of Xeon Scalable Processors.
Source: Fool.com
Intel Corp. Stock
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Currently there is a rather positive sentiment for Intel Corp. with 27 Buy predictions and 14 Sell predictions.
Based on the current price of 17.74 € the target price of 38 € shows a potential of 114.18% for Intel Corp. which would more than double the current price.